DislikedGreat !! Very good.
One quick question though:
why reducing 1/2 after consecutive wins ?Ignored
QuoteDislikedTrading Rules (part 1) :
Do not take ANY trades without going through the checklist
Do not take ANY trades on a whim to catch a market move
After 2 straight losses reduce position size by ½
After 4 straight wins reduce position size by ½
Never move stops further back – if a trade idea is wrong, accept it take the loss and move on.
Document every trade
Review the journal every weekend
Only add money to the account after a winning month
You are in this to build wealth and freedom –...
SC, pl see the highlighted one.